Lack of confidence

Our current government is not going to fix the problem. People are charging less on credit. House prices are dropping. The answer is jobs stupid.

I have run up some credit card dept recently. This is due to medical bills and house costs. I would have never done so except for necessary. I look at our government and think things are not going to get better until we have regime change in this country.

The U. K. is calling the housing situation a crisis. The word "crisis" is far over used. Fewer homes were built last year in the U. K. than any year since the 1920's. Soon renters will be in the majority.

What scares me is history. In the great depression, people loved the president. They kept putting him back in office regardless of his efforts not working. He was trying though. He made a good show of it. He failed. No one cared. No idea if something similar will happen or is happening in the U. S..

Some of the investment advice includes (from memory) "Why on earth would you invest in retail unless you are looking for a faster way of loosing money." This was a guy in the U. K. talking about the outlook for this Christmas.

One of the other complaints are banks not lending or people not asking to barrow. One of the horror satires was a business owner going to a bank for a loan. They wanted to owner, not put of for collateral, "own" 30% of his company before they would approve the loan. in other words, the bank wanted him to sell them 30% of his company for basically $0 and pay the loan back with interest. Wonder why no one is borrowing.

I'm sick of the current government in the U. S. thinking they can just not bother to run the country between campaigns. I want a law that says politicians are not aloud to campaign until 60 days before the election. Even then, only some percentage of their efforts can be devoted to campaigning. I'm thinking 25% to 40% would be realistic. Everything else has to be to perform the tasks of the job they were elected to do. Perhaps a limit on the amount of money they can spend would be nice. Something banning them from using their position to spend money that basically boils down to campaigning would be good.

You will forgive me if I don't hold my breath.